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Home BlockchainAnthony Pompliano's Bitcoin Treasury ProCap Buys Back Stock Amid 85% Price Plunge
Blockchain

Anthony Pompliano's Bitcoin Treasury ProCap Buys Back Stock Amid 85% Price Plunge

by Decrypt
written by Decrypt 0 comments
Anthony Pompliano's Bitcoin Treasury ProCap Buys Back Stock Amid 85% Price Plunge

In brief

  • ProCap Financial bought back more shares of BRR as the firm’s market cap continues to trade below the value of its assets.
  • The firm of crypto personality Anthony Pompliano holds 5,007 BTC valued around $325 million.
  • Shares in the firm are down 85% from last year’s peak.

ProCap Financial, the publicly traded Bitcoin treasury firm of social media personality and crypto investor Anthony Pompliano, is buying back its own shares as it seeks to benefit shareholders and push its mNAV, or market net…

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